malls

CBS New York

7 Injured After NYC Mall Escalator Malfunctions, Causing Chain Reaction

Several shoppers in New York City had an unpleasant surprise yesterday when an escalator malfunctioned, tripping up at least one person who fell and caused a chain reaction. Seven people were injured in the accident, officials say. [More]

From Cash Registers To Escalators To Shopping Carts: 11 Important Firsts In Bricks-And-Mortar Retail History

From Cash Registers To Escalators To Shopping Carts: 11 Important Firsts In Bricks-And-Mortar Retail History

These days you can shop from the comfort your couch in your soft pants, ordering up a flat of cat food, paper towels, and a smartphone with one click. So it’s easy to forget that once upon a time shopping at retail stores wasn’t a necessary evil, but an “experience” that many of us actually enjoyed. [More]

Nicholas Eckhart

NC Mall Wants To Evict Sears For Low Sales, Lack Of Effort

Sears had a deal with the Holly Hill Mall in Burlington, NC that isn’t unusual: the retailer gave the mall a small percentage of its sales instead of paying a fixed rent. That amount has evidently fallen over the years as the popularity and business prospects of Sears fell, and now the mall has sued Sears for failing to keep up its end of the lease. [More]

jpellgen

Aeropostale Increases Number Of Stores That Will Stay Open To 400

Earlier this week, a bankruptcy judge approved a $243 million bid from a group of mall landlords, liquidators, and a licensing company that would save 229 of Aeropostale’s 720 stores from closing their doors forever. Things are looking even better than expected now for the teen retailer, as its new owners say they’ll be able to keep open 171 more stores than originally planned. [More]

JeepersMedia

Foot Locker CEO Claims Malls Are “Far From Dead”

Maybe it’s just because Foot Locker had sales growth to report because people are snapping up higher priced- basketball and running shoes, but the company’s CEO seems to be in a very positive mood about the state of malls in the U.S., which is surprising at a time when other mall-based retailers are struggling. [More]

JeepersMedia

Michael Kors Pulling Back On Department Store Presence In Effort To Polish Brand’s Image

Yet another designer brand has decided to pull back on its department store presence in an attempt to polish up its image in the eyes of consumers and boost flagging sales. Michael Kors announced it will no longer accept coupons for its merchandise sold in department stores, and will be pulling back from that category in general come next year. [More]

Dennis S. Hurd

More Medical Facilities Moving Into Malls Thanks To Cheap Rent, Demographic Changes

Baby boomers are getting older and need more medical care, millennials’ kids need vaccinations and checkups, and malls have relatively cheap rent and plentiful parking, and need more steady tenants. What does all of this add up to? An expansion of health care facilities in malls to more than the urgent care facilities that we might be used to. [More]

Ben Schumin

Department Stores Don’t Draw Customers, Malls Don’t Want ‘Em Anymore

What actually draws you to the mall, when you go there? A generation ago, you might have headed to your nearest mall to buy a refrigerator from Sears or a dress from JC Penney. Today, though, customers are less interested in hulking department stores, and more likely to visit their local mall to have dinner at a Cheesecake Factory or shop at an Apple Store, and skip the department store. Mall owners are noticing. [More]

JessyeAnne

Abercrombie & Fitch’s Hollister Poised To Profit From Bankruptcy Of Fellow Teen Retailers

While teen retailers like Aéropostale and PacSun are going down in flames, their rivals are hunched on the sidelines, waiting to pick their bankrupted bones clean. There’s still money to be made catering to teenagers, after all, and analysts say Abercrombie & Fitch could be the one making it. [More]

Nicholas Eckhart

Are These The Final, Doomed Days Of The American Mall?

Once upon a time, not terribly long ago, enclosed shopping malls were mammoth physical manifestations of the great American retail experience — just about everything you could want to buy all in the same sprawling building, anchored at various points by those glorious national department store chains. Then came the dramatic shift to big box stores, offering everything from TVs to hardware to clothing to groceries from one store, followed by the advent of online shopping, where all this shopping can be done in your undies and everything will be delivered to your door. One retail analyst says that recent underwhelming sales figures from Macy’s and other mall mainstays could indicate that many of these relics of the not so distant past are doomed. [More]

Mike Kalasnik

Here’s The List Of Aeropostale Stores That Are Closing

Whether it was market conditions or the behavior of their lenders that drove Aeropostale into bankruptcy, the teen-oriented clothing retailer has difficult decisions to make about which stores to keep and which to close. They’ve already decided on a preliminary closing list. [More]

(Nicholas Eckhart)

Consumerist Friday Flickr Finds

Here are eight of the best photos that readers added to the Consumerist Flickr Pool in the last week, picked for usability in a Consumerist post or for just plain neatness. [More]

(Mike Mozart)

Finish Line Will Close 150 Stores Over The Next Four Years

Finish Line, a mall retailer that sells athletic clothes and sneakers, has had a rough year. Specifically, they’ve had supply chain and order management issues that began in the fall and lost them an estimated $32 million in sales. Today, the company announced that they’ll be closing as many as 150 stores over the next four years, almost a quarter of the chain. [More]

(Montgomery County Planning Commission)

Fewer Middle-Class Consumers Means Fewer Midrange Mall Anchors

Just in time for the holiday shopping season, there was a deeply symbolic changeover at the King of Prussia mall in the suburbs of Philadelphia. What used to be a large Sears department store has assumed its final form: it’s part Dick’s Sporting Goods store and part Primark, a fast fashion retailer out of Ireland. That’s just one mall that demonstrates a trend: the institution of the anchor store is dying out in malls. [More]

(Nicholas Eckhart)

Good News: Malls Where Rich People Shop Aren’t Dead

We’ve shared a lot of stories about dead and dying malls, and we wouldn’t blame you if you thought that the American mall is an endangered creature. Only it isn’t: high-end malls are doing just great. It’s malls in middle-class communities geared to middle-income customers that are suffering from high vacancy rates and failing tenants. [More]

Some Shopping Malls Forcing Stores To Open On Thanksgiving

Some Shopping Malls Forcing Stores To Open On Thanksgiving

Everyone knows that a handful of major retailers now choose to open on Thanksgiving, but most smaller businesses have remained closed on the holiday — whether it was out of a desire to enjoy the day, or simply because the extra expense of paying people to work on Thanksgiving wasn’t worth the few hours of additional sales. But now some shopping mall operators are spoiling the holiday for their smaller tenants by forcing them to open up on Thanksgiving. [More]

N.J. Mall Decides Not To Charge Admission To Santa’s Lap After All

N.J. Mall Decides Not To Charge Admission To Santa’s Lap After All

When something is free one year and then comes with a fee the next, you better believe there are going to be customers who notice. As such, the management company at a New Jersey mall has backed off its experiment to charge visitors for the privilege of meeting (or even seeing) Santa Claus after parents complained that access to St. Nick’s lap should be free for everyone.

[More]

(pirate johnny)

Should Malls Charge Kids For The Privilege Of Visiting Santa Claus?

UPDATE: Later on Monday, the mall’s management group announced it had decided to make visiting Santa Claus free after all. [More]